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Category: Food

Retail News Asia is committed to providing both local and global retailers with the latest Food and Food & Beverage news throughout the Asian market. This on a daily base.

  • Coca-Cola to launch US-first paperboard packaging for multipack cans

    Coca-Cola to launch US-first paperboard packaging for multipack cans

    Liberty, the local Coca-Cola bottler, has partnered with fiber-based consumer packaging supplier Graphic Packing International to produce multipacks in the paperboard packaging format called KeelClip, and use multipack carton application equipment in doing so. It will soon deliver this pack format to stores across the Philadelphia market.

    “Addressing plastic waste requires collective and collaborative thinking and action,” says Kurt Ritter, General Manager and Vice President of Sustainability, Coca-Cola North America. “Liberty’s ongoing commitment to sustainability is evident with the implementation of KeelClip, which is another demonstration of our system’s dedication to delivering our World Without Waste goals.”

    KeelClip equipment is a sustainable packaging system for cans that has already been successfully implemented and distributed through other local Coca-Cola bottlers in Europe. It is estimated by the company that the transition will remove 75,000 lbs of plastic packaging per year from the supply chain for approximately 3.1 million cases across Liberty’s service area, which includes Philadelphia, New Jersey, New York City, and parts of Connecticut and Delaware.

    “Liberty is thrilled to be the first bottler in the United States to implement this innovative packaging system,” Paul Mulligan, co-owner of Liberty Coca-Cola Beverages, says. “We know that the most valuable change to reduce plastic waste occurs when bottlers and packaging producers work together in partnership. We look forward to partnering with Graphic Packaging on sharing this sustainable packaging in our local communities for years to come.”

    Liberty is using the technology to improve sustainability across its entire distribution footprint. The installation of the KeelClip 1600 machinery means the sustainable fiber-based packaging is manufactured at one of Liberty’s production facilities located in New York and is being distributed across its entire footprint.

    Adds Bret Arnone, vice president, commercial operations & beverage packaging at Graphic Packaging. “This technology has seen incredible success wherever it has been used, winning 10 industry awards and becoming the gold standard for can multipacks in over 20 countries. Most importantly, it’s proven to help our commercial partners reduce their reliance on plastics for a more sustainable future.” The KeelClip packaging implementation is the latest effort Liberty is taking to advance its sustainability efforts. Last summer, Liberty became the first local Coca-Cola bottler to produce and distribute bottles made from 100% recycled material in the United States.

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  • Jollibee Foods struggles to make profits in Vietnam with 4 brands

    Jollibee Foods struggles to make profits in Vietnam with 4 brands

    All four brands that Jollibee Foods Corp of the Philippines operates in Vietnam, including coffee chain Highlands Coffee, posted losses last year.

    The corporation, founded by Filipino billionaire Tony Tan Caktiong, established its first company in the country, Jollibee Vietnam, in 2005, as a fast food operator.

    Since then it has branched into other food and beverage brands: Pho 24, Highlands Coffee and Coffee Bean & Tea Leaf Vietnam. But Highlands Coffee is its only profitable brand (except for last year), while all three other chains have been making losses for years

    Jolibee Vietnam planned to have 300 outlets in the country by 2020, but it only has 150 as of now, lower than its competitors KFC and Lotteria.

    It posted a loss of VND43.9 billion (1.83 million) last year.

    Pho 24, which sells the traditional Vietnamese rice noodles soup, is also struggling to make profits nearly 20 years after it was established.

    At one point, it had targeted 1,000 outlets, but only has 22 now, mostly in Ho Chi Minh City. It also has outlets in South Korea, Indonesia and the Philippines.

    It posted a loss of VND89.4 billion last year.

    The Coffee Bean & Tea Leaf is in an even worse situation with just six outlets in HCMC after 14 years in Vietnam. Its prices are 1.5-2 times higher than that of Highlands Coffee and its outlets are mostly located in large malls.

    It has been reporting an annual loss of VND26-29 billion in the last four years.

    Highlands Coffee, meanwhile, has reported profits for seven of the last eight years.

    The chain topped the VND1 trillion revenue mark in 2017 and doubled it in two years to cross VND2 trillion.

    Except for last year when it posted a VND19 billion loss due to Covid-19, Highlands Coffee had posted annual profits of VND55-100 billion in the previous four years.

    The chain now has 525 outlets in Vietnam and the Philippines.

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  • Aldi opens Dumpling Truck, serving meals for less than $1.50

    Aldi opens Dumpling Truck, serving meals for less than $1.50

    Remember when you could get a whole takeaway meal for $1.50? We don’t either, but it sure beats paying $10 for a schooner and $12 for an iceberg lettuce.

    With the cost-of-living soaring, you’d be forgiven for thinking you can’t afford a Friday night out. But just wait until you see the prices at Aldi’s new pop-up dumpling truck.

    Opening for one night only, this Friday 12th August in the Aldi Bankstown Central car park on Chapel Rd, the pop-up dumpling truck will be dishing out servings of six takeaway dumplings for just $1.44.

    When you break down the prices, that’s 25c per prawn gyoza and 23c per chicken dumpling. Which will allow you to feed a family of four from just $5.76.

    The Urban Eats® dumplings include fan fave prawn gyoza and chicken dumplings, a new addition to the supermarket chain’s frozen food range.

    “At a time when consumers are feeling the pinch, it’s rewarding to provide an option for people to still enjoy their Friday night rituals when they shop with us,” said Frozen Food Buying Director, Andrew King.

    “The ALDI Dumpling Truck demonstrates how good food doesn’t have to hurt your pocket. You can dish up quick, delicious and affordable Friday dinners at home for less than $1.50 a serve!”

    The Aldi dumpling truck will be located at Aldi Bankstown Central on Chapel Rd this Friday 12th August from 5pm-7pm, while stocks last. Cards only, no cash accepted. (And before you get any shady ideas, there’s a maximum of 4 serves per person.)

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  • Thailand’s Lotus’s to invest more than US$350 million in expansion plan

    Thailand’s Lotus’s to invest more than US$350 million in expansion plan

    Manufacturer of the legendary speculoos (Biscoff) caramelised sugar biscuit Lotus Bakeries is set to build a new factory in Thailand. The first biscuits are expected to roll off the factory conveyor belt in 2026.

    Speculoos biscuits are already extremely popular in Asia, with company Lotus owning sales offices in China and South Korea, as well as teams in Hong Kong. To bolster growth in the region, Lotus will open a new factory in Thailand to satisfy the needs of the Asian market.

    The Belgian company has been expanding steadily in recent years. Just three years ago, Lotus Bakeries opened a factory in Mebane, in North Carolina, the United States. In South Africa, the group owns a factory for African treat Bear, a type of liquorice candy.

    According to a press release from the company, the Thai factory will be based in the eastern province of Chonburi, not far from the capital Bangkok.

    The factory will sit on the so-called “Eastern Economic Corridor” which is currently receiving massive economic investment. Goods flowing along this corridor, which connects China, Korea, and Malaysia, experience next to no import duties, according to Lotus CEO Jan Boone.

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  • China’s Luckin Plans Store Expansion, Remains Committed to USA Market

    China’s Luckin Plans Store Expansion, Remains Committed to USA Market

    Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, China’s Luckin Coffee believes it has emerged from its “darkest moment”, and said it remains committed to U.S. capital markets as it expands its stores and sales.

    Luckin admitted in 2020 that about $310 million of its sales were fabricated in the previous three quarters, bringing the coffee maker to the brink of collapse after having blazed a trail as a homegrown challenger to U.S. coffee giant Starbucks.

    “That was Luckin’s darkest moment. The company was facing a huge crisis at the time”, David Li, chairman and chief executive of Chinese private equity firm Centurium Capital, told Reuters, referring to the accounting fraud.

    Luckin delisted from Nasdaq following the financial scandal, shocking Wall Street investors. After changes in ownership and top management, as well as paying hundreds of millions of dollars in fines, the company once again is flexing its muscles.

    A turnaround for Luckin would help vindicate the company’s top management and new owners, who have continued to push the chain to expand in China’s highly competitive coffee market.

    Luckin in May reported its first ever quarterly operating profit. On Monday, it reported a 72% jump in net revenue for the June quarter. In comparison, Starbucks said last week its third quarter comparable sales in China fell 44%.

    Centurium, a key early investor of the coffee chain, in January became the firm’s controlling shareholder after leading a consortium to acquire shares that used to be owned by two of Luckin’s founders for more than $400 million.

    Centurium dispatched seven of its professionals to work with Luckin’s management team for months in the aftermath of the fraud and in the following year poured $240 million into the business to finance its restructuring.

    It has also pushed Luckin to rebuild a more transparent and connected database to ensure there are no “data silos”, which Li blamed for the accounting scandal.

    Luckin plans to continue to open new stores, said Luckin’s chief executive Guo Jinyi, even as China’s stringent COVID-19 curbs have forced many catering chains to be more cautious about expansion in the near-term.

    He said Luckin would add more outlets across the country, including in the top-tier cities such as Beijing and Shanghai.

    Luckin, which was founded five years ago, currently has nearly 7,200 shops in China, compared with Starbucks’ 5,761 by early July.

    “We believe the potential of China market remains huge,” Guo said, adding that though Luckin has reached 230 Chinese cities, more than 5,000 of the stores are located in the 50 to 60 major cities.

    Ever after the Nasdaq delisting, Luckin remains tradable via pink sheet, off-exchange trading platform mainly involving penny-stock companies that do not meet the main exchanges’ listing standards.

    On Monday Reinout Hendrik Schakel, who relinquished his chief financial officer role but remains as chief strategy officer, told analysts the company remained committed to the U.S. markets.

    “We don’t have a specific timetable yet,” Guo said of a possible Nasdaq return. “But we will continue to pay attention to and focus on the U.S. capital market … So far, we haven’t considered (re-listing) in other markets.”

    Though Luckin is ahead of Starbucks in store numbers in China, the U.S. coffee chain is still the dominant player with 28.9% of the market in 2021, dropping slightly from previous year’s 31.2%, according to Euromonitor.

    Market share of Luckin rose to 7.8% last year from 6.3% in 2020.

    Asked how Luckin plans to restore investors’ confidence, Guo said: “We can only rely on Luckin’s business performance, rely on issuing (strong) quarterly, annual reports to restore their confidence. It takes time.”

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  • Silkie Irish Whiskey launches in Australia

    Silkie Irish Whiskey launches in Australia

    Irish whiskey maker Sliabh Liag Distillers has launched in Australia through an exclusive partnership with Dan Murphy’s.

    Two varieties of the Silkie Irish Whiskey will be available: The Legendary Silkie Irish Whiskey – which offers a butterscotch sweetness with green apples and a hint of amber and smoke – and The Legendary Dark Silkie Irish Whiskey which features a rich chocolate character complemented by a salted-caramel sweetness and baked apples “wrapped in a smokey profile”.

    James Doherty, Sliabh Liag Distillers’ founder, said the new Silkie varieties are lighter than the Irish whiskeys most Australians are used to.

    “My aim in creating this collection was to evoke a smoky hue that harks back to a pre-prohibition time when Donegal’s characteristic style was famed for warming, earthy flavours.”

    According to Rosie Keane, Irish Consul general to Sydney, Australia is one of the fastest growing markets for Irish whiskey globally, with sales doubling between 2016 to 2020.

    The Legendary Silkie Irish Whiskey retails for $74.99 and The Legendary Dark Silkie Irish Whiskey for $79.99. Both have 46 per cent ABV.

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  • Penfolds launches two French-blended wines in new collection

    Penfolds launches two French-blended wines in new collection

    For the first time in Penfolds history, the annual Collection release in August will comprise three country of origin portfolios – Australian, Californian and the inaugural French release, showcasing Penfolds enduring ‘House Style’ in a global context.

    Penfolds ‘House Style’ allows and embraces the freedom to explore premium viticultural regions across Australia and the world, with a global approach to winemaking – unrestricted by region or vineyard. Penfolds ambition to make wine outside of Australia started decades ago, and over time, skills, interest, and experimentation has grown. A rich tradition of research, curiosity and wine trial continues to guide Penfolds winemaking endeavours in Australia, Champagne, Napa, Paso Robles California and now Bordeaux France.

    The new French release is led by a wine made in partnership with one of Bordeaux’s most respected winemaking group, Dourthe Bordeaux. Combining the creativity, direction and vision of Penfolds Chief Winemaker Peter Gago and Dourthe Chief Winemaker Frédéric Bonnaffous, the two houses collaborated to craft a wine that spans Northern and Southern Hemispheres, blending grapes from Bordeaux (71%) and South Australia (29%). The result delivers Penfolds II Cabernet Shiraz Merlot 2019. The name “Penfolds II” represents two winemakers coming together, to express quality through a harmonious blend of traditional French winemaking techniques and time-honoured Australian winemaking methods. Made from the 2019 vintage, the final wine was blended and bottled in South Australia by Penfolds winemakers.

    “This is the start of our French winemaking journey. Our main objective? To remain true to the winemaking ethos of both wineries, to deliver the best blend possible, to ideally make Bordeaux and South Australia proud. This wine is not about bigness or boldness or assertion. It is blended to convey an ethereal lightness, subtlety on the palate – sensitively binding two hemispheres, Old World and New.” said Peter Gago, Penfolds Chief Winemaker.

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  • Snickers maker apologises for advert suggesting Taiwan is a country

    Snickers maker apologises for advert suggesting Taiwan is a country

    The makers of the Snickers candy bar, Mars Wrigley, issued an apology to China on Friday after the company faced backlash for suggesting Taiwan is an independent country during a promotional event.

    The criticism stemmed from a launch event debuting a limited-edition Snickers bar, during which the company said the new product was available in select countries including South Korea, Malaysia, and Taiwan.

    Images and video from the event went viral on the Chinese social media platform Weibo, prompting Mars Wrigley to issue an apology on its Snickers China Weibo account and assure the public that it would amend the content in question.

    “Mars Wrigley respects China’s national sovereignty and territorial integrity and conducts its business operations in strict compliance with local Chinese laws and regulations,” Mars Wrigley said in the statement.

    “Say it: Taiwan is an inseparable part of China’s territory!” the comment read.

    Although Taiwan rejects China’s sovereignty claims, the Chinese government still considers the island a part of its territory, though the nation has operated as a self-governed democratic country since 1949.

    The incident comes on the heels of heightened tension after US House Speaker Nancy Pelosi visited Taiwan on Tuesday, in what Chinese officials called an “egregious pro vacation.”

    China had tried to thwart the trip ahead of her arrival, citing threats of military attacks and economic consequences. The country later announced military drills around Taiwan and a ban on imports from the country.

    China subsequently issued sanctions on Pelosi and her family on Friday. That same day, Apple warned suppliers not to use “made in Taiwan” labels on products to avoid angering China.

    “We want Taiwan to always have freedom with security and we’re not backing away from that,” Pelosi said at a press event on Wednesday.

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  • Coopers revamps its imagery on International Beer Day

    Coopers revamps its imagery on International Beer Day

    Coopers has unveiled a new look for its range of beers, in the first major update to its core packaging in 20 years, with the iconic Coopers roundel refreshed with a modern design.

    The new packaging also showcases the brand’s heritage and brewing process, which also including Coopers’ new branding of ‘Forever Original’ which was unveiled last year.

    Coopers has also insisted that while there is a new look for the packaging the beers remain unchanged.

    Coopers national marketing manager, Kate Dowd, said: “The new design has been carefully developed with the objective of retaining our brand loyalists while also recruiting new drinkers to the Coopers brand,” Ms Dowd said.

    “The refresh brings overall consistency to the Coopers ale range and has been designed to stand out on shelves, making it easier for our fans to spot their favourite brew.

    “Coopers is excited to share our new look and we know that drinkers will continue to enjoy the great Coopers taste they know and love.”

    In addition to design changes, the 750ml Coopers longneck range will also be packaged in an improved bottle developed to minimise weight.

    There will be no changes to the Coopers lager products, including Dry and Premium Light.

    Products featuring the new packaging and updated tap badges will begin rolling out into liquor outlets and licenced premises across the country from September.

  • Monnet Cognac launches in Australia

    Monnet Cognac launches in Australia

    Monnet is one of the most historical signatures of the Cognac region, and since its founding in 1838, has become known around the world for its ‘art de vivre’ (bringing people together through the art of living).

    It is commonly referred to as the ‘sunny side of cognac’ as it sets itself apart by the liquids radiant glow and brightness. As well as being an iconic signature of Cognac, Monnet Cognac has become famous through Leonetti Capiello’s renowned poster, ‘Sunshine in a glass’, which was illustrated for Monnet in the 1920s.

    Made with fine grain French oak, Monnet Cognac offers a fruity eau-de-vie and floral flavour profile with great aromatic richness, and is the result of secular tradition and generations of cellar masters who have turned the cognac into a drink of refinement and pleasure. Monnet’s makers use Ugnic Blanc grape variety to create six sweet signatures with low levels of sugar and acidity, that burst with aromas of apricots, peaches, stone fruits, and white flowers to embody the perfect sunny beverage.

    True to tradition, Monnet uses a copper pot still double distillation to produce its cognacs. Aged for a minimum of two years to achieve a greater aromatic richness and finesse, Monnet distils with the lees, a method that reveals the sunny aromas associated with this beloved signature.

    Export manager of Monnet Cognac, Austin Cooney, said: “We’re so excited to launch Monnet in Australia, and offer locals a taste of our rich French culture and history. While many know our name, most are yet to experience the taste for themselves, so we are looking forward to sharing this bright side of cognac with a new audience and helping them learn new ways to enjoy cognac: whether it be neat, on the rocks, or in cocktails.”

    With six Monnet Cognacs now available in Australia, there truly is a style to suit every palate and occasion:

    • Monnet VS – Monnet VS is aged in Limousin oak casks for a minimum of three years. Sparkling gold in colour, Monnet VS exudes aromas of fresh flowers and delicate spices with a soft touch of vanilla. On the palate, it reveals freshness and finesse, followed by a long, warm finish. RRP $72.99, ABV 40 per cent.
    • Monnet Sunshine – Monnet Sunshine’s roundness and fruitiness are remarkable, creating a product which is both elegant and accessible. Bright gold with a smooth texture, this SKU boasts warm sunset nuances. Full of aromas of quince jam accents and spring flowers like lilac and daffodils, Monnet Sunshine is smooth with hearty notes of summer fruits such as apricot and peach with a light touch of vanilla and gingerbread. RRP $75.00, ABV 40 per cent.
    • Monnet VSOP – At the heart of Monnet’s range, VSOP is aged in Limousin oak casks for a minimum of five years. Pure amber in colour, Monnet VSOP reveals spicy aromas of vanilla, dried fruits and hints of leather. On the palate, it is deliciously rich and balanced, with notes of honey, nougat and a long, smooth finish. RRP $82.99, ABV 40 per cent.
    • Monnet XO Carafe – Monnet Flamboyant is a bright and sophisticated XO decanter inspired by the sun. The Monnet XO decanter embodies a flower about to bloom in the sun. Full of life and energy, it is an ode to what nature and man can do when they work in harmony. RRP $189.99, ABV 40 per cent.
    • Monnet XXO – Beyond excellence Monnet XXO proposes an unprecedented journey into the exceptional nuances of Cognac. Produced in very small quantities, this rare XXO represents the epitome of Monnet’s savoir-faire, with a perfect roundness associated with a stunning delicacy. RRP X, ABV 40 per cent.
      Monnet Salamander – The perfect match of Cognac and gentle spices. The idea behind Salamander is to see Cognac from a different angle: a spirit which is also delicious when mixed with spices and other noble botanicals, as the Salamander is known for its capacity to withstand fire. RRP $41.95, ABV 30 per cent
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  • Rice exports jump 20 pct

    Rice exports jump 20 pct

    Vietnam exported 4.2 million tons of rice in the first seven months, 20 percent up year-on-year, according to the Ministry of Agriculture and Rural Development.

    But earnings were only 9 percent higher at US$2 billion since global rice prices have fallen by over 10 percent to $489 a ton.

    Exports to the U.S. grew fastest at 65.3 percent, followed by the Philippines, Vietnam’s top market, at 48.6 percent.

    Domestic prices also fell as adverse weather affected rice quality and demand was low compared to previous months.

    Exporters have slowed down purchases from farmers and await the peak harvest season.

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  • Coles taps into carbon-negative beer with Lost Lager

    Coles taps into carbon-negative beer with Lost Lager

    An Australian-made, carbon negative beer made with unsold bread from Coles supermarkets is squaring up to some of the best-known beer brands in the country while tapping into surging customer demand for beverage makers taking tangible action on climate change.

    Lost Lager is a premium brew created in collaboration between Coles Liquor and BrewDog Australia – the Brisbane operation of Scottish carbon negative brewer.

    The packaging for Lost Lager is 99% plastic-free and any emissions BrewDog is unable to avoid through the production process are ‘double offset’ through tree planting schemes around the world.

    Coles’ research shows that one in two customers care deeply about the environment and the majority want to do more, while 50% say they have changed what they buy in response to the packaging of a product.1

    Coles Liquor Acting General Manager Customer, Trade Planning and Insights Mia Lloyd said customers frequently told Team Members in Liquorland and First Choice Liquor Market stores that they wanted to support brands that were taking action on the environment.

    “Lost Lager will be hugely popular with customers given the easy-drinking style of the beer and BrewDog’s commitment to the environment and climate change,” Ms Lloyd said.

    “This is not a fleeting consumer trend, it’s a force that our customers are driving and we can already see support for brands that have moved early to embrace sustainable packaging, waste reduction or renewable power.”

    Additionally, BrewDog invests in a number of significant reforestation projects, including the Yarra Yarra Biodiversity Corridor in Western Australia. This is the only emission reduction project in Australia to be certified under the prestigious Gold Standard accreditation, a globally-recognised best practice benchmark.

    Locally, BrewDog donates the grain used in the brewing process to farmers as an alternative feedstock. Internationally, they are also the proud owner of over 9000 acres of Scottish highlands which will be home to a reforestation and peatland restoration project to sequester carbon.

    The brewer’s Australian CEO Ed Bott said the Lost Lager was a premium lager, similar in style to a German pilsner and created to deliver a craft option for Australian lager lovers.

    “Lager accounts for 90% of beer consumed in Australia, and our Lost Lager connects with the premiumisation of this broad segment of the beer market,” Mr Bott said.

    Lager has been at the forefront of beer sales growth for years. With recent consumer demand shifting towards premium lager, hospitality venues and hotels have seen growing consumption.

    As such, premium lager is one of the fastest-growing product segments in recent years, expanding at a compound annual growth rate of 4.5% from 2019 to 2025.2

    “It’s still in its infancy but lager is the last bastion for craft beer and we’re confident the fresh, uncomplicated style of this beer will prove hugely popular with customers who are seeking something more from their lager,” Mr Bott said.

    “We see how engaged our Australian customers are in relation to issues such as waste and emissions reduction and while we know we can’t save the world on our own, we’re proud that we’re doing our bit here in Australia and around the globe.”

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  • Vietnam imposes anti dumping duty on Thai-origin sugar

    Vietnam imposes anti dumping duty on Thai-origin sugar

    Vietnam has imposed an anti-dumping and anti-circumvention levy on Thai sugar imported via 5 ASEAN nations.

    The final verdict was made Monday, and the duty of 47.64 percent will become effective between Aug. 9 and June 15, 2026.

    The probe was launched last September after local firms reported sugar products imported from Laos, Cambodia, Indonesia, Malaysia, and Myanmar did not originate in those countries.

    Sugar imports in Vietnam jumped five times year-on-year to 527,200 tons in the period between October 2020 and June 2021, according to the Ministry of Industry and Trade.

    Imports from Thailand, however, slumped 38 percent in the same period.

    This was the period that Vietnam was investigating Thai sugar for dumping and subsidizing.

    “The sugar industry has provided evidence showing signs of Thai sugar’s trade remedies evasion through five countries mentioned above, especially the sudden jump in sugar imports,” the trade ministry said in a statement.

    Last June, Vietnam imposed an anti-dumping levy of 47.64 percent on some sugar products from Thailand for five years.

    Around 3,300 Vietnamese farmers lost their jobs, and 93,225 farming households were affected due to difficulties in the domestic sugar industry, according to the trade ministry.

  • Peroni re-launches its low and no-alcohol brews

    Peroni re-launches its low and no-alcohol brews

    This July, Peroni will relaunch its moderation portfolio of non-alcoholic (0.0%) and mid strength (3.5%) beers in Australia, under the Masterbrand of Peroni Nastro Azzurro, continuing to deliver the same Italian passion and flair to customers.

    Launching in Europe in April this year, Peroni Nastro Azzurro 0.0% and Peroni Mid Strength 3.5% are crafted using the signature Nostrano dell’Isola maize, grown exclusively for Peroni in the north of Italy, creating the same uplifting Italian taste.

    Birra Peroni has implemented technology in its Rome brewery to enable Peroni Nastro Azzurro 0.0% to match the flavour profile of signature beer, Peroni Nastro Azzurro, which has been brewed since 1963. This technology allows the signature base recipe and ingredients of Peroni Nastro Azzurro to be used, and only after the characteristic aroma and taste profile of Peroni Nastro Azzurro is fully developed, is the alcohol  gently removed to deliver the crisp and refreshing Italian taste.

    Australians still love a drink but are consuming beer in an increasingly responsible way, with Australian alcohol consumption at historic lows. These new Peroni beers cater to Australia’s evolving tastes, allowing lovers of premium beer to moderate their alcohol consumption while still enjoying the full and distinctive Peroni flavour.

    Kym Bonollo, Head of International & Craft at Asahi Beverages, says: “Peroni Nastro Azzurro 0.0% and Peroni Mid Strength 3.5% will replace Peroni Leggera and Peroni Libera throughout Australia, giving beer lovers a more authentic Peroni taste.

    “This launch has been a true global partnership between the local Australian team, our global team in London and our home team at Birra Peroni, Italy to develop these incredible and, might I say, refreshing brews. More than ever, we are all moderating our choices, but we shouldn’t have to compromise on taste. The redevelopment of our moderation portfolio to bring the uplifting taste of Peroni Nastro Azzurro to more consumers is a simple but positive one for our future.”

    Peroni Nastro Azzurro 0.0% will also replace Peroni Libera 0.0% in partnering with the Aston Martin Aramco Cognizant Formula One™️ Team and will appear across the car and all team kit, with the all-new 0.0% beer set to be served at prestigious events across the global Formula One™️ calendar.

    The Peroni Nastro Azzurro 0.0% launch in the Australian market will be supported by a campaign above the line across TV, video on demand, out of home, digital and social channels from September 2022. The beer will be available through retail and on premise venues.

    Asahi Beverages is committed to providing more options for beer drinkers to moderate their alcohol consumption. Already, 29% of Asahi Beverages’ beer sales are from no, low, and mid-strength beer.

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  • Grocery chain Bach Hoa Xanh revenues drop on store closures

    Grocery chain Bach Hoa Xanh revenues drop on store closures

    Grocery chain Bach Hoa Xanh suffered an 8 percent fall in sales year-on-year in the second quarter to VND6.76 trillion (US$289.47 million) following its closure of hundreds of outlets.

    The subsidiary of electronics retailer Mobile World closed 251 unprofitable outlets in May and June as it restructured and also changed the layout of the remaining stores.

    It has so far renovated nearly 1,500 outlets and it plans to close down more this quarter, keeping only 1,700-1,800 stores open.

    Nguyen Duc Tai, its chairman, has said there will be no expansion this year to focus on improving efficiency and customer service.

    The company is preparing for nationwide expansion in 2023 from its current predominant presence in the south.

    Bach Hoa Xanh reported revenues of VND12.8 trillion for the first half, accounting for 18 percent of Mobile World’s revenue.

    Mobile World’s revenues rose 13 percent to VND70.8 trillion, while profits were up 1 percent at VND2.68 trillion.

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